Continental Precious Minerals Inc.: Adjournment of 2012 Annual Meeting

TORONTO, ONTARIO--(Marketwire - Nov. 9, 2012) - Continental Precious Minerals Inc. (TSX:CZQ) (the "Company" or "Continental") announced that its 2012 annual meeting of shareholders will be adjourned to December 20, 2012. The adjourned meeting will be held at 8:00 a.m. (Toronto time) at the Toronto Board of Trade, 1 First Canadian Place, Suite 350, Toronto, Ontario. The record date will remain the same (October 23, 2012).

About Continental Precious Minerals Inc.

Continental Precious Minerals Inc. is a multi-mineral exploration company with multiple interests and exploration licences in Sweden. Since March 2005, Continental's primary goal has been to advance its Swedish assets. The Company is also evaluating other opportunities as they emerge in current market conditions.